Margaux Resources Ltd. CRMND

Fosterville or not..will know by Sept

[Ogopogo007]

In The Pit: Lobo Tiggre vs. Steve Letwin, Chairman of Cassiar Gold (GLDC.V). This company had a high-grade gold story going in northern British Columbia, then pivoted to a bulk-tonnage deposit nearby. Now it’s back to drilling the high-grade targets. Why? Is there something wrong with the open-pit deposit sitting right there at surface? I asked these and more questions on your behalf. (Note that I don’t own this stock and am not recommending it. I just dragged the company into the pit because it seemed interesting. As for what I make of management’s answers to my questions…

[Wantonfuey]

aren't you the same deek head that brags about winning stock picking contests on CEO?

[GripnRip]

Sadly the "grade gets better with depth" isn't working here...nothing under 250M deep in the low grade deposit. no chasing high grade underground once pit gets dug out. So all depends on high grade drilling. Majors don't sniff around 1 trick ponies

[FredZarfloon]

Your comments speak volumes. Thanks for posting...

[Ogopogo007]

Sept 2022 Two drill rigs have been on site since late June and are actively drilling high-grade vein targets at the Cassiar South area near the historic Bain and Cusac mines, which together produced 114,000 ounces of gold grading +15 g/t Au. Drilling will continue to the end of October, with results expected in December or early 2022. The Company is prioritizing high-value

[audigger13321]

South Cassiar drilling to continue to the end of October, with results in December or early 2022. Two drill rigs on site since late JUNE; only 4039 m. completed by mid AUGUST. So in at least 45 days, each drill crew completed (4039 /2=2020 meters in (15/2=7.5)holes. So, it takes each crew (45/7.5=) 6 days to complete a hole. IMHO, even with Covid-19, this seems to be very slow. Audi.

[Ogopogo007]

Well it's Oct and drill results have arrived Some decent intercepts in East Bain but I didn't see any stacked intercepts West Bain ....not Fosterville, IMHO a couple meters of 1-3 gpt 100+ Meters down won't get mined this cycle, hence the sell-off in SP

[GripnRip]

Sept 2021 was a bit of a bust Must be Sept 2022 Ph 1 P&D complete by the fake doc...time for Ph 2?